The global alcoholic beverages market size reached US$ 1,579.1 Billion in 2023. An alcoholic beverage is a fermented liquor made by mixing ethanol with fermented fruits, grains, yeast, and sugar. Depending upon the fermentable material and the method used for processing, these beverages are classified into wines, beers, rum, whiskey, and spirits. They aid in reducing anxiety and stress, strengthening muscles, and improving cognitive functioning. As a result, alcoholic beverages are widely consumed as rejuvenating and recreational drinks across the globe.
As per the analysis by IMARC Group, the top alcoholic beverages companies are introducing bio-degradable packaging solutions and sustainable methods in the production processes due to the rising environmental consciousness around the world. They are also launching alcoholic beverages with unique flavors and organic ingredients to expand their consumer base. For instance, Molson Coors launched new wine spritzers, namely Peach White Blend, Rasberry Rose, and Blood Orange Sangria in 2020. Moreover, several leading players are introducing premium and super-premium beverages in developed and emerging economies. Looking forward, IMARC Group expects the market value to reach US$ 1,963.1 Billion by 2032, expanding at a CAGR of 2.4% during the forecast period (2024-2032).
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Establishment: 2008
Headquarters: Leuven, Belgium
Website: https://www.ab-inbev.com/
Anheuser-Busch InBev NV is a beverage company that produces, distributes, and sells alcoholic beverages, such as beer, rum, malt beverages, and soft drinks worldwide. It owns a product portfolio of over 400 beer brands, including:
The company’s soft drinks business also comprises bottling and distribution arrangements between its various subsidiaries and PepsiCo. At present, AB InBev conducts business operations in Latin America, Europe, North America, Africa, and Asia-Pacific.
Establishment: 2008
Headquarters: Illinois, United States
Website: https://www.molsoncoors.com/
Molson Coors Beverage Company is a multinational drink and brewing company that is engaged in the production and distribution of beer and other beverage products. It owns some of the most recognized beer companies, such as
The company has manufacturing facilities in Canada, the United States, Europe, and other international markets and distributes products through on-premise and off-premise channels that include bars, restaurants, convenience stores, grocery stores, liquor stores, and other retail outlets. Besides this, the company also offers hard coffee, sparkling cocktails, canned wine, kombucha, and cider.
Establishment: 1952
Headquarters: Netherlands
Website: https://www.heinekenholding.com/
With over 80,000 employees, Heineken Holding N.V. represents one of the leading developers and marketers of premium beer and cider brands. The company has production facilities across more than 70 countries and has a vast product portfolio, consisting of more than 300 local, regional, international, and specialty beers and ciders. Currently, the company markets beer, cider, soft drinks, and other beverages across Africa, the Middle East & Eastern Europe, Asia Pacific, and other European countries
Establishment: 1847
Headquarters: Copenhagen, Denmark
Website: https://www.carlsberggroup.com/
Carlsberg Breweries A/S is mainly engaged in producing, marketing, and selling beer and soft drinks. The company’s diverse product portfolio comprises a wide range of beer and cider brands, including Kronenbourg, Carlsberg, Baltika, Somersby, Holsten, Tuborg, Lav, and Lvivske. Furthermore, the company also operates other businesses. For instance, it owns Royal Scandinavia A/S, which manufactures fine porcelain, silverware, and glassware. It also holds a 43% interest in Tivoli Gardens, a well-known amusement park in Copenhagen.
Establishment: 1997
Headquarters: London, United Kingdom
Website: https://www.diageo.com/
Diageo PLC has a portfolio of world-famous food and drinks brands, which are marketed in more than 200 countries worldwide. The company offers a collection of spirits, beer, cider, and wine under various brands, including
Besides this, Diageo has also invested outside the brewing business. For instance, the company owns 37% of the Moët Hennessy division of French luxury goods company LVMH.
Establishment: 1862
Headquarters: Hamilton, Bermuda
Website: https://www.bacardilimited.com/
Bacardi Limited PLC is one of the largest family-owned wine and spirits groups in the world. It ships more than 200 million bottles of rum blends annually to numerous countries across the globe. It also produces Bacardi rum, Grey Goose vodka, Bombay Sapphire gin, Dewar’s Blended Scotch whiskey, Martini vermouth and sparkling wines, and Cazadores 100% blue agave tequila. Presently, Bacardi employs more than 7,000 people and distributes its products across 170 countries.
Establishment: 1878
Headquarters: Finland
Website: https://www.olvigroup.fi/
Olvi PLC is a brewery and soft drinks company that currently holds 18.7% of Finland’s market share in beverages, making it the largest Finnish-owned business in its sector. It is primarily engaged in manufacturing ciders, juices, long drinks, beers, soft drinks, energy drinks, mineral waters, sports beverages, and other non-alcoholic and alcoholic beverages. The company generates most of its revenue from Finland, but its other geographical segments include Latvia, Lithuania, Estonia, and Belarus.
Establishment: 1903
Headquarters: Qingdao, China
Website: http://www.tsingtaobeer.com.hk/
Tsingtao Brewery Company Limited is the second largest brewery in China, popularly known for its Tsingtao beer, which is one of the top-selling beers in the country. Besides this, the company has also become the fifth-largest beer producer in the world, with products exported to more than 100 countries and regions, including the United States, Canada, the United Kingdom, France, Germany, Italy, Australia, ROK, Japan, Denmark, and Russia. At present, Tsingtao is focused on fully utilizing the available technology and expanding through purchasing, mergers, and acquisitions (M&A), and setting up new factories.
Establishment: 1980
Headquarters: Beijing, China
Website: http://www.yanjingbeer.ca/
Beijing Yanjing Beer Group Corporation is engaged in the brewing, marketing, and distribution of beer. It is also engaged in producing and selling the refreshing, fresh, draft, and white beers, wine or liqueur, mineral water, raw materials of beer, feedstuff, yeast powder, and plastic boxes. Currently, the firm is one of the largest breweries in China and distributes its products under brands like
Establishment: 1907
Headquarters: Tokyo, Japan
Website: https://www.kirinholdings.co.jp/
Kirin Holdings Company, Limited, is a holding company that distributes alcoholic beverages, non-alcohol beverages, pharmaceuticals, and bio-chemicals across Japan and other countries. The company produces integrated beverages, pharmaceuticals, bio-chemicals, and food products. Currently, Kirin Holdings operates through:
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the global alcohol beverages industry and regional East Africa, West Africa,which has enabled clients to set up and expand their businesses successfully.
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